From GlobeNewswire: 2025-06-03 10:15:00

The Epoxidized Soybean Oil Market was valued at USD 514.12 million in 2024 and is projected to reach USD 764.74 million by 2032, with a CAGR of 5.10% from 2025-2032. The market is expanding due to its role as a safe, non-toxic plasticizer in flexible PVC, driven by environmental regulations and consumer demand for sustainable products.

The US Epoxidized Soybean Oil Market had a 72% market share in 2024, valued at USD 88.47 million. Growth is fueled by regulatory support for non-phthalate plasticizers and rising demand in personal care products, with companies like Cargill and ADM expanding capacity to meet market needs.

Soybean oil dominated the Epoxidized Soybean Oil Market in 2024 with a 61% market share, attributed to its availability, cost-effectiveness, and suitability for epoxidation processes. The USDA’s support for soybean farming further boosts growth, as demand for green additives in flexible PVC applications rises.

Plasticizers led the Epoxidized Soybean Oil Market in 2024 with a 52.8% market share, driven by the global shift away from phthalate-based options. ESBO’s compatibility with PVC and non-toxic profile make it a preferred alternative, especially in industries like flexible packaging and healthcare devices.

Asia Pacific held a 41.6% market share in the Epoxidized Soybean Oil Market in 2024, driven by rapid industrial growth in countries like China and India. Increasing production of consumer goods and government incentives promoting green chemicals contribute to the region’s dominance in ESBO adoption.



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